“I relayed my thoughts to Rubio that Japan should not be one of the
countries subject to reciprocal tariffs,” Iwaya was quoted as saying. He also
raised the issue of automobile tariffs and sought exclusion from the 25% tariff
the US will levy on imported steel and aluminum products.
The remarks followed
Trump’s order to consider imposing reciprocal tariffs on numerous trading
partners as soon as April, raising the prospect of a wider campaign against a
global system he complains is tilted against the US. Trump has previously attacked Japan’s trade
surplus with the US and yen weakness that feeds into that imbalance and
recently singled out Japan, as well as South Korea, as nations that he
believes are taking advantage of the US.
The Japanese government had begun communicating
with Washington over tariff matters, Japanese Trade Minister Yoji Muto told
reporters on Friday 14 Feb ’25.
Iwaya met with South
Korean Foreign Minister Cho Tae-yul as well during the Munich conference to
reaffirm a trilateral partnership between the US, Japan and Korea, according to
a joint statement. Cho sought support
and cooperation for the countries’ Mineral Security Partnership aimed at
building reliable supply chains for minerals.
In the same conference, Iwaya and other G7 foreign
ministers underscored their countries’ support for Ukraine, while reaffirming
the need to develop robust global security measures and to denuclearise North
Korea, according to a separate statement.